FFastFill plc (‘FFastFill’ or the ‘Company’), the leading provider of application services for the derivatives trading community, announces its interim results for the six months ended 30 September, 2004.


· Revenue grew 14.1% to £1.867m (2003: £1.636m)
· Operating loss before exceptional items was £1.414m (2003: £1.245m)
· Cash at 30 September was £3.210m
· The company was chosen by Reuters as the launch technology partner for the joint project to provide the Chicago Mercantile Exchange’s FX offering on the Reuters 3000 trading platform
· The acquisition of the Future Dynamics business, extended the company’s offering from the front office through to the middle office
· The re-launch of FFastFill Inc., and the announcement of our new US data centre
· The announcement of a new services road map for the group incorporating both front and middle office functionality as a managed service
· The company now has over 30 customers

Commenting on the results, Keith Todd, Executive Chairman of FFastFill, said:

‘It has been a period of good progress in which we have launched our new generation application service in both London and Chicago, won a major new contract with Reuters, and added additional customers, middle office functionality and skilled staff through the acquisition of Future Dynamics. We have a strong sales pipeline, and I am confident of further improvement in the performance in the second half of the year.’

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